REI Lense

REI Lense

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$3,669 (target)

401 Marsh Creek Rd, Venice, FL 34292

3 beds • 3 baths • 1904 sqft

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This property looks like a bad Long-Term investment with a projected -7.66% first-year return on $112k initial cash invested.

-7.66%

Cash On Cash

4.85%

Cap Rate

0.8

DSCR

$3,669

Rent

-$715

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,669 income − $4,384 expenses = $715 out of pocket

Income$3,669Out of Pocket$715Mortgage P&I$2,68973%Property Taxes$36810%Insurance$1755%HOA$1995%Management$36710%CapEx$1835%Vacancy$2206%Maintenance$1835%

Investment Breakdown

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Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,335

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,669

Total Expenses

$4,384

Mortgage P&I

73%

$2,689

Property Taxes

10%

$368

Home Insurance

5%

$175

HOA

5%

$199

Property Management

10%

$367

CapEx

5%

$183

Vacancy

6%

$220

Maintenance

5%

$183

Other

0%

$0

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